International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Open Access | Fully Refereed | Peer Reviewed

ISSN: 2319-7064


Downloads: 264 | Monthly Hits: ⮙1

Research Paper | Computer Science & Engineering | India | Volume 8 Issue 5, May 2019


Concepts and Applications of Blockchain Technology

S. Rajeswari


Abstract: Blockchain means block which contains the information. This technology is used for high security purpose, which believes to be the next revolution of the internet. Blockchain can be thought of as an overarching concept that includes many different technologies and applications. The banking sectors have been announced to use this technology by 2030. Blockchain stores information across the network in personal computers making them not just decentralized but distributed. This means no central company; each and everyone can build ones own system, which helps to use it. This is important, because it makes difficult for anyone to take down the network or corrupt it. The peoples who are running the system use their computers to hold the bundle of records submitted by others known as blocks, in a chronological chain. A form of digital cash is called bit coin. People from all over the world help to move the digital money by validating other bit coin transaction with their personal computer. Bit coin uses the block chain by tracking records of ownership over the digital cash. So, only one person can be the owner at a time and the cash cannot be spent twice, like counterfeit money in physical world. But bit coin is just a beginning for block chain in future. Block chain is used in many fields for voting, hospitals, E-commerce, music. etc. . .


Keywords: Blockchain, Diffusion of Innovation, Text Analytics, Bitcoin, Ethereum, Cryptocurrency


Edition: Volume 8 Issue 5, May 2019,


Pages: 105 - 107


How to Cite this Article?

S. Rajeswari, "Concepts and Applications of Blockchain Technology", International Journal of Science and Research (IJSR), https://www.ijsr.net/get_abstract.php?paper_id=ART20197363, Volume 8 Issue 5, May 2019, 105 - 107

How to Share this Article?

Enter Your Email Address


Similar Articles with Keyword 'Blockchain'

Downloads: 2 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1

Research Paper, Computer Science & Engineering, India, Volume 10 Issue 6, June 2021

Pages: 1240 - 1249

Secure Methods for Supplychain Management to Protect from Attacks in Blockchain

B. Ratnakanth, K. Venkata Ramana

Share this Article

Downloads: 3

Research Paper, Computer Science & Engineering, India, Volume 10 Issue 4, April 2021

Pages: 1292 - 1297

Supply Chain Using Blockchain (Healthcare Industry)

Prof. Mangesh G. Ingale, Shyam Jamman Parmeshwar, Yash G. Purohit, Divyani Sable, Vishaksha Kachane

Share this Article

Similar Articles with Keyword 'Text Analytics'

Downloads: 127

Research Paper, Computer Science & Engineering, India, Volume 4 Issue 6, June 2015

Pages: 2315 - 2319

Text Analytics on Un-structured Text Data using ANN

Shiv Kumar Goel, Anil Kumar Bhandi

Share this Article

Downloads: 160

Research Paper, Computer Science & Engineering, Nigeria, Volume 6 Issue 6, June 2017

Pages: 944 - 947

How to Improve Efficiency of Banking System with Big Data (A Case Study of Nigeria Banks)

Sanni Hafiz Oluwasola

Share this Article

Similar Articles with Keyword 'Ethereum'

Downloads: 125

Research Paper, Computer Science & Engineering, India, Volume 9 Issue 8, August 2020

Pages: 600 - 606

Efficient Methods to Avoid Smart Contract Vulnerabilities Using Block Chain

B. Ratnakanth, M. Sahiti, Dr. K. Venkata Ramana

Share this Article

Downloads: 176 | Monthly Hits: ⮙2

Informative Article, Computer Science & Engineering, India, Volume 6 Issue 5, May 2017

Pages: 341 - 343

Block Chain for Securing Internet of Things

Astha Kumari, Sayed Sohail, Ritwik Giri

Share this Article
Top